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  • Punjab National Bank scam: The plot thickens

    In an interview to CNBC-TV18, Rajeev Chandrasekhar, MP of Rajya Sabha, and Hari Prasad, the Whistleblower who wrote letter to the PMO of a possible scam at PNB in 2016 discussed the key developments of the scam.

  • Nakshatra IPO in planning stage; will file it in due course: Gitanjali Gems

    Nakshatra IPO in planning stage; will file it in due course: Gitanjali Gems

    Have received the approval for Nakshatra IPO in June, it is still in the planning stage and in due course we will be filing it, Abhishek Gupta, Group Advisor of Gitanjali Gems said.

  • Brands done exceptionally well, expect this performance to continue: Nakshatra World

    Brands done exceptionally well, expect this performance to continue: Nakshatra World

    Gitanjali Gems posted a good set of Q1 earnings. In an interview to CNBC-TV18, Abhishek Gupta, Group Advisor of Nakshatra World spoke about the results and his outlook for the company.

  • Expansion, cost cutting to impact EBIDTA: Gitanjali Gems

    Expansion, cost cutting to impact EBIDTA: Gitanjali Gems

    In an interview to CNBC-TV18, Abhishek Gupta, Group Advisor at Gitanjali Gems spoke about the results and discussed the company's performance.

  • Shop-in-shop format to drive business growth: Gitanjali Gems

    Shop-in-shop format to drive business growth: Gitanjali Gems

    The company plans to open 25-30 large and small format stores and tie-up with large players in hyper market space, says Saurav Bhattacharya, Group President, Gitanjali Gems.

  • Jewellers back in biz, industry keen to recoup losses

    Jewellers back in biz, industry keen to recoup losses

    Although the industry is not happy that the excise duty has not been rolled back, Sanjeev Agarwal, chief of Gitanjali Export Corporation, is relieved that jewellers are back in business.

  • Curb on gold imports will benefit jewellery biz: Gitanjali

    Curb on gold imports will benefit jewellery biz: Gitanjali

    "We have to maintain a 20 percent export which is fair and will be very good for the government as well," Mehul Choksi says in an interview to CNBC-TV18.

  • Gitanjali Gems says recent RBI norms will hurt gold sales

    Gitanjali Gems says recent RBI norms will hurt gold sales

    Abhishek Gupta, president, Gitanjali Gems, says gold companies face immediate working capital pressures due to recent RBI guidelines, which prohibit jewellers to buy gold on credit.

  • New gold norm to hit only 10% of industry: Gitanjali Gems

    New gold norm to hit only 10% of industry: Gitanjali Gems

    Gems and jewellery company Gitanjali Gems which is also a star trading house sees a marginal impact on the gold it imports directly following RBI's new gold import rules.

  • New buys to enhance shop-in-shops presence: Gitanjali Gems

    New buys to enhance shop-in-shops presence: Gitanjali Gems

    Gitanjali Gems has acquired two jewellery brands — Nirvana and Viola. In an interview to CNBC-TV18, Abhishek Gupta, president, Gitanjali Gems says Nirvana is a 15-year old brand having access to almost 106 shop-in-shops. "Viola has got an access to 60 shop-in-shops," he adds.

  • Expect 30-35% growth in revenues this year: Gitanjali Gems

    Expect 30-35% growth in revenues this year: Gitanjali Gems

    Abhishek Gupta, president of Gitanjali Gems says the company has seen a surge of almost 45-50 percent this festive season in diamond jewellery alone. "Margin will definitely improve because the diamond jewellery has better margins," he adds. He expects 30-35 percent growth in revenues this year.

  • Stable gold prices to boost demand volume: Gitanjali Gems

    Stable gold prices to boost demand volume: Gitanjali Gems

    Gitanjali Gems expects gold prices to stabilise going forward, which will then help boost demand.

  • Will cut down debt by Rs 500cr next yr: Gitanjali Gems

    Will cut down debt by Rs 500cr next yr: Gitanjali Gems

    In an interview with CNBC-TV18’s Latha Venkatesh and Anuj Singh, Mehul Choksi, CMD of Gitanjali Gems spoke about the latest happenings in their company and the road ahead.

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